Core Insights - NioBay Metals Inc. has announced significant progress in its Crevier niobium and tantalum project, supported by a grant from the Mining Exploration Support Program for Critical and Strategic Minerals [1][5] - The company has successfully completed metallurgical work demonstrating the niobium-tantalum concentration process on a pilot scale, utilizing nearly 10 million tons of ore [2][5] - The results indicate a potential for further improvement in the extraction process, with plans for a second pilot project to process 145 million tons of ore [4][5] Project Details - The Crevier Project is located approximately 50 km north of Girardville, Quebec, and is situated in the ancestral territory of the Pekuakamiulnuatsh First Nation [1][9] - The funded project aimed to test the robustness of the process flowsheet for extracting niobium and tantalum oxides from the Crevier deposit [2] Results and Performance - The pilot project achieved a peak recovery rate of 84.6% Nb2O5, with an average recovery of 65% during the production of 17 kg of concentrate at 32% Nb2O5 [8] - Compared to laboratory tests conducted in 2012, the final Nb2O5 content of the concentrate improved by 56%, increasing from 20.3% to 36% [8] Future Plans - The company is planning a second pilot project to further enhance production capabilities and market additional products [5] - The final report from SGS regarding the current pilot will be filed on SEDAR once available [4] Company Vision - NioBay aims to lead in the development of low-carbon mines and responsible environmental practices, emphasizing the importance of Indigenous community participation [7] - The company holds a 100% interest in the James Bay Niobium project and a 72.5% interest in the Crevier project [9] Industry Context - Niobium is a highly valuable metal used in various applications across mobility, structural, and energy sectors, enhancing material properties and reducing environmental impact [10]

Core Viewpoint - NioBay Metals Inc. has established its Technical Advisory Committee to enhance its development and credibility in the niobium market [1][2]. Group 1: Advisory Committee Formation - The Technical Advisory Committee will support the Board of Directors and management in advancing the company's projects [1]. - The initial members of the committee come from diverse fields including academia, geology, metallurgy, and Indigenous relations, contributing relevant expertise [1][2]. Group 2: Members of the Advisory Committee - Dawn Madahbee Leach: An experienced Aboriginal Affairs Advisor with a strong background in economic development and public sector management [3]. - Jonathan Launière: A geological engineer with extensive experience in energy sector projects and community economic development [4]. - Caroline Olsen: A metallurgist with nearly 30 years of experience in mineral processing and a focus on sustainable projects [5]. - Jean-David Moore: A strategic advisor with over 20 years in mineral exploration and development, holding interests in over 50 junior mining companies [6]. Group 3: Company Vision and Projects - NioBay aims to lead in low-carbon mining and responsible environmental practices, emphasizing the importance of Indigenous community participation [10]. - The company holds a 100% interest in the James Bay Niobium project and a 72.5% interest in the Crevier niobium and tantalum project [10]. Group 4: Importance of Niobium - Niobium is a highly resistant metal used to enhance the properties of materials in various sectors, contributing to efficiency and reduced environmental impact [11].